How total cost changes when there are more students

Reference no: EM131430314

School budget and number of students. Suppose that there is a linear relationship between the number of students x in an elementary school and the annual budget y. Write a population regression model to describe this relationship.

(a) Which parameter in your model is the fixed cost in the budget (for example, the salary of the principal and some administrative costs) that does not change as x increases?

(b) Which parameter in your model shows how total cost changes when there are more students in the school? Do you expect this number to be greater than 0 or less than 0?

(c) Actual data from schools will not fit a straight line exactly. What term in your model allows variation among schools of the same size x?

Reference no: EM131430314

Questions Cloud

What could we gain from philosophers ideas more closely : Select one of these three philosophers (Rousseau, Locke, Hobbes). What could we gain from following their ideas more closely, and what might be dangerous if we did so?

Determine the concentration of iron in an iron : For an analytical chemistry lab, a student was asked to use the standard addition method to determine the concentration of iron in an iron ore. The student decided to use the standard addition method to account for matrix effects and to use Atomic..

What are costs and benefits to employers of being responsive : What are the costs and benefits to employers of being responsive to the applicant’s perspective throughout the selection process? Are the concerns of applicants who are eventually accepted different than those of applicants that are eventually reject..

Identify what negotiating strategies or tactics : Negotiating is a life skill. Share a situation where had to negotiate the outcome. Did you get what you wanted? Identify what negotiating strategies or tactics you used during the negotiation.

How total cost changes when there are more students : Which parameter in your model is the fixed cost in the budget (for example, the salary of the principal and some administrative costs) that does not change as x increases?

How has growth in globalization affected corporate strategy : How has the growth in globalization affected corporate strategy in the United States? Consider this growth from perspectives such as cultural, administrative, geographic, and economic. Outline the key aspects of privacy and freedom of information leg..

Calculate the test statistic : When testing the following hypotheses at the .01 level of significance with the t test, a sample mean of 301 is observed. I assert that if I calculate the test statistic and compare it to the t distribution with n - 1 degrees of freedom, it is pos..

Determine the ph of a solution : Determine the pH of a solution that is 1.40% NaOH by mass. Assume that the solution has density of 1.01 g/mL.

Explain the ethical and legal implications of disclosure : Explain the ethical and legal implications of disclosure and nondisclosure. Be sure to reference laws specific to your state.( Texas)Describe what you would do as the advanced practice nurse in this scenario including whether or not you would dis..

User Account

All Pages